Giving property investors a a poor capital gain of -9.87% for the last year, Paddington, 2021 is the 3360th highest performer in Australia in this respect.
Over the longer term, Paddington has seen property prices show investors a 7.69% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Paddington should be aiming for at least -6.03% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1384 in a list of fastest selling suburbs, Paddington is in the TOP 40% of suburbs in Australia with an average of days on market 70.1628 for properties listed there.
Situated 2.69km from the CBD, Paddington is one of Woollahra (A) localities in the postcode 2021.
Over the last year, property investments in Paddington, 2021 have given investors a capital gain of -5.88%. This compares averagely with the -4.02% for NSW as a whole.
The five-year average increase in median property values for Paddington,2021 has given property investors a potential capital gain of 29.79% across each of those five years.
At number 149th of NSW’s most discounted properties, Paddington is in the middle of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Paddington the average time real estate has been on the market is 66.381 days.
Property investors should expect to get $550 weekly from the median priced house in this suburb.